 | Assessing Reserve Adequacy in Low-Income Countries Author/Editor: Valerio Crispolti, Era Dabla-Norris, Jun Il Kim, Kazuko Shirono, George C. Tsibouris. Release Date:March, 2013 Low-income countries routinely experience exogenous disturbances—sharp swings in the terms of trade, export demand, natural disasters, and volatile financial flows—that more...
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 | "International Reserves in Low Income Countries: Have They Served as Buffers?" Author/Editor: V. Crispolti, George C. Tsibouris. Release Date:January, 2012 This paper provides a historical perspective on the role of international reserves in low-income countries as a cushion against large external shocks over the last three decades - including the more...
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